COLONY CENTRE PROFESSIONAL PARK SIMPSONVILLE SC BANK-OWNED & PRICED TO SELL! $499,000 SPECIAL BULK-PRICE DISCOUNT! IDEAL MEDICAL/ OFFICE / RETAIL DEVELOPMENT OPPORTUNITY ±5.76 acres just off South Industrial Drive / I-385. 1 mile from Hillcrest Memorial Hospital. Potential for 5 lots; available individually. SEE INSIDE FOR MORE INFORMATION!
Colony Centre Professional Park HomeTrust Bank, N.A. (the Seller ), through as its exclusive agent, is soliciting offers for the purchase of ±5.76 acres, with the potential for 5 lots, within the Colony Centre Professional Park, in Simpsonville, SC 29681 (the Property ). EXECUTIVE SUMMARY OFFERING TERMS Seller seeks offers from qualified buyers to acquire the Property. The Property will be conveyed by special warranty deed and is available on an As Is basis subject to a short due diligence period. INVESTMENT HIGHLIGHTS Bank-owned property discounted for immediate sale. ±5.76 acres of flat commercial development land within the Colony Centre Professional Park in Simpsonville, South Carolina. Property is comprised of 2 parcels, with 5 potential lots. Special bulk pricing is available, or lots can be purchased individually. Excellent location and great access in a high-traffic commercial corridor. Less than one mile from Hillcrest Memorial Hospital, and adjacent to Jervey Eye Group. Flexible C3 zoning allows for a variety of commercial uses * Office - business Office - medical Veterinary offices & clinics Nursing care facility Bank or other similar financial institution Church Child/adult care center Retail / mercantile Build to suit! Extensive site work is already complete. Proximate to numerous major roads and locations: ±0.25 miles to Lowes / Wal-Mart ±0.5 miles south to Harrison Bridge Road ±0.5 miles north to Hillcrest High School ±2 miles north to Fairview Road ±2.5 miles to downtown Simpsonville ±18 miles to downtown Greenville ±35 miles to downtown Spartanburg * Please refer to the entire zoning ordinance for specifics on parking, building setbacks, parking requirements, and required screening. See CCR s (Covenants, Conditions & Restrictions) at Book/ Page: 2364/3502
INVESTMENT SUMMARY SPECIAL BULK PRICE $499,000 (See pricing chart for individual lot purchase prices) LAND AREA ±5.76 acres PRICE PER ACRE $86,632 LEGAL PIN s: Parcel 1: 0331000100110 Parcel 2: 0331000100115 Deed Bk/Pg: 2420/2126 (Deed) 2365/1939 (Drainage Easement) 2364/3502 (Declaration of CCR s) 2347/1939 (Road Dedication) Plat Bk/Pg: 1079/37 2014 PROPERTY TAXES $6,466.62 ZONING C3 Greenville County Commercial District 2014 PROPERTY ASSESSMENT/TAXES PIN ACREAGE AMOUNT TAXES JURISDICTION 0331000100110 4.091 $ 387,440 $ 6,425.85 District 897* / Simpsonville 0331000100115 1.669 $ 2,220 $ 40.77 District 897* / Simpsonville Total: 5.760 $ 389,660 $ 6,466.62 *Refer to GIS for complete breakdown of District 897 levies. DEMOGRAPHICS 2012 DEMOGRAPHICS 1 MILE RADIUS 3 MILE RADIUS 5 MILE RADIUS POPULATION N/A 27,630 54,451 MEDIAN AGE N/A 37 36 AVERAGE HOUSEHOLD INCOME N/A $61,922 $70,509 PRICING (SEE PLAT, PAGE 6) LOT ACREAGE PRICE #3 ±1.669 $200,000 #4 ±1.134 $150,000 #5 ±0.965 $150,000 #6 ±0.810 $150,000 #7 ±1.178 $150,000 SPECIAL BULK DISCOUNT PRICE: $499,000! ±5.76 $800,000 GENERAL DESCRIPTION ±5.76 acres of flat commercial development land, comprised of two parcels, within the Colony Centre Professional Park in Simpsonville, South Carolina. Property is adjacent to the Jervey Eye Group medical practice. Subdivision infrastructure includes curbs, gutters, streetlights and utilities. Potential for 5 lots. (See Page 6) This Property is situated in a growing suburb south of Greenville- Spartanburg-Anderson. High traffic counts on all adjacent streets, easy access to substantial and expanding residential communities, and bustling commerce on adjoining roads, make this a great location for medical/office/ retail space. MARKET SUMMARY Just ten miles south of Greenville, nestled in the rolling hills of the northwestern part of the state, lies Simpsonville, South Carolina a fast growing part of the Greenville Spartanberg Anderson Statistical Area (CSA). The City comprises a portion of the Golden Strip, along with Mauldin and Fountain Inn, an area noted for its very low unemployment rates, due to a diversity of industries. With an overall area of 8.81 square miles, a 2012 population of just over 19,000, and an average household income of over $70,000, Simpsonville is able to boast a mix of big city sensibility, small town charm and striking natural beauty, further adding to its middleclass family appeal. Simpsonville consistently ranks high on lists of America s Best Towns for Families and 25 Best Affordable Cities. Since 2000, Simpsonville has grown by almost 50%, outpacing the growth rate of the entire CSA, which itself has experienced a very healthy increase of ±19% over the past decade (10-year state average is ±15%). As of 2013, the CSA had a population of 1,438,550, comprising 1/4 of the entire population of South Carolina. Other indicators of the strength of the CSA s economy include: State s highest percentage of adults with bachelor s degree $543 million in construction spending in 2013 Ranked as the U.S. s 3rd Strongest Job Market by Bloomberg in 2010 Considered the Textile Center of the World in the early twentieth century, and now home to large manufacturing plants for Michelin, BMW, GE, Lockheed Martin, Honeywell, Bosch, Para-Chem, Mitsubishi, Kemet, Milliken and Hubbell Lighting, the CSA has a long history as a southeastern center for industry and commerce, and is now one of the fastestgrowing regions in the U.S.
Property view Southeast view: S. Industrial Drive / I-385 Northwest view: S. Industrial Drive / I-385 Property view
Adjacent Jervey Eye Group Cul-de-sac: Colony Centre Way
RECORDED PLAT (BOOK/PAGE: 1079/37) LOT 3 NOTES: OHP lines have been moved to eastern property boundary See Drainage Easement (Book/Page: 2365/1939) Common Area Detention currently not used 3 5 4 6 7
CORRIDOR AERIAL Fairview Rd Hillcrest Memorial Hospital Charter Ampitheatre S Industrial DrExit 26 Southbound Exit 26 Northbound 16,000 VPD SE Main St 45,000 VPD Hillcrest High School 9,000 VPD Jervey Eye Group SUBJECT 13,000 VPD Harrison Bridge Rd SITE DESCRIPTION LOCATION South Industrial Drive in Simpsonville, Greenville County, South Carolina. ACCESS Property has access from South Industrial Drive, which is a US I-385 frontage road that connects to Harrison Bridge Road (Exit 26) to the south and Fairview Road to the north. SITE AREA ±5.76 acres ROAD FRONTAGE ±400 feet on South Industrial Drive ±400 feet on Colony Centre Drive SHAPE Irregular TRAFFIC COUNTS ±45,000 VPD on I-385 ±16,000 VPD on Fairview Road ±13,000 VPD on Harrison Bridge Road ±9,000 VPD on SE Main St FLOOD HAZARD None EASEMENTS Southeast side of the property contains a 30 Duke Power right of way and a 25 sanitary sewer easement. DEED RESTRICTIONS Property is subject to the covenants, conditions, and restrictions of Colony Centre Professional Park, LLC. These include architectural approval. (Deed Book/Page: 2364/3502) UTILITIES Public water, sewer & gas available. SITE WORK Subdivision infrastructure includes curbs, gutters, streetlights, and landscaping. TOPOGRAPHY Level
Greenville Simpsonville SUBJECT LOCATION SUBJECT ADDRESS Colony Centre Way Simpsonville, SC 29681 GPS COORDINATES 34.7086155, -82.244738 All information is from sources deemed reliable. No warranty nor representation is made as to the accuracy thereof and all information above is subject to errors, omissions or change without notice. FOR MORE INFORMATION Please contact Jeremy Goldstein or John Menkes at G/M PROPERTY GROUP, LLC P.O. Box 18723 Asheville, NC 28814 (828) 281-4024 jgold@gmproperty.com jmenk@gmproperty.com www.gmproperty.com Jeremy Goldstein John Menkes YOUR COMMERCIAL REAL ESTATE EXPERTS SINCE 2001.